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MEC Resources Ltd ( (AU:MMR) ) just unveiled an update.
MEC Resources Ltd has announced a non-pro rata offer of securities, with options issued at $0.001 and an expiry of 12 months from the issue date. The maximum number of securities to be issued is 373,535,605, with a closing date for acceptances on January 20, 2026, and a proposed issue date of January 27, 2026. This move is part of the company’s strategy to raise capital, potentially impacting its market positioning by increasing its financial resources.
More about MEC Resources Ltd
Current Market Cap: A$9.36M
For a thorough assessment of MMR stock, go to TipRanks’ Stock Analysis page.